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TVA files lawsuit against Holly Springs for contract breach
TVA files lawsuit against Holly Springs for contract breach

Yahoo

time02-05-2025

  • Business
  • Yahoo

TVA files lawsuit against Holly Springs for contract breach

MEMPHIS, Tenn. — The Tennessee Valley Authority filed a lawsuit against the city of Holly Springs and its utility department for breach of contract. A lawsuit was filed against City Mayor Sharon Gipson, the Board of Aldermen, and Wayne Jones, General Manager of the Holly Springs Utility Department, on Thursday in federal court, claiming the utility has not paid TVA for energy and power usage on time. The 72-page document was filed on Thursday in federal court in Oxford and maintains that the defendants have not complied with the terms of the 'Wholesale Power Contract' signed in 1975 between the City of Holly Springs and TVA. Testimony continues in murder trial for ex-officers accused in Tyre Nichols' death 'In addition to ongoing compliance issues for over two years, HSUD has failed to use electric system revenue in the prioritized order outlined in the Wholesale Power Contract,' said a TVA spokesperson. 'HSUD has failed to provide timely and accurate financial information and failed to provide TVA with copies of annual external audits of the electric department since FY 2020. HSUD's financial condition has continued to decline.' According to TVA, HSUD currently has an outstanding and past-due balance with TVA for February 2025 of over $1.5 million. Complaints against HSUD have long been the focus of the Mississippi Public Service Commission. 'The Public Service Commission is committed to working with TVA to resolve this crisis. The people of HSUD deserve our full support, and we will continue to push forward with our investigation in order to ensure that the people within the Holly Springs Utility District receive the reliable utilities that they deserve,' said Chairman Chris Brown. WREG reached out to the defendants named in the lawsuit for a response as well as the attorney representing the city of Holly Springs, but we have not heard back from them. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Holly Springs mayor voted out; next election in June
Holly Springs mayor voted out; next election in June

Yahoo

time24-04-2025

  • Politics
  • Yahoo

Holly Springs mayor voted out; next election in June

HOLLY SPRINGS, Miss. — The political climate in Holly Springs is heating up after Mayor Sharon Gipson lost her bid for a second term. Candidates are now focused on the June 3 general election, when voters will chose either a Democrat or one of two Independents as their new mayor. WREG spoke with candidates on Wednesday who said they were not surprised by Mayor Gipson's defeat and pledged to push the city in a new direction if elected. 'It's something that's for the betterment of the city,' Charles Terry said. 'It's the reason I decided to run.' Marshall County Supervisor Charles Terry addressed the media after defeating Mayor Gipson in Tuesday's Democratic primary runoff election. Lawmakers to revive bill after Memphis school audit findings Terry said he believes voters expressed their displeasure in Mayor Gipson and failures at the Holly Springs Utility Department. If elected, Terry said he'll put HSUD under a magnifying glass. 'We're going to have to have some audits to find out where we are financially,' Terry said. 'We need to have an inventory of our equipment. What do we have to operate with? So there's work to be done in the utility department and I just hope the citizens are patient.' Including absentee ballots, 1,462 votes were cast. The unofficial numbers showed Terry received 837 votes and Gipson finished with 604. Terry will face two Independent candidates for Mayor in the general election on June 3. Tim Liddy and Rodney Lowe both told Your News Leader that economic growth, jobs, crime and opportunities for youth are critical issues. Luxury RV and water resort to open in MS this week Liddy, a Holly Springs businessman and former alderman, placed HSUD's woes at Mayor Gipson's feet. 'Unfortunately the response to some situations like storms and some metering issues has been either slow or none,' Liddy said. 'And it's caused a situation with our reliability of the grid as well as the billing now.' Lowe is a former President of the Marshall County NAACP Branch and said he aims to restore transparency to the Mayor's office if elected. 'The last four years been really challenging to the citizens of Holly Springs, the taxpayers,' Lowe said. 'The utility department, parks and rec, no activity for our children. It's been real challenging across the board for the last four years.' WREG attempted to speak with Mayor Gipson at Holly Springs City Hall but were told she was gone for the day. Tuesday's runoff results will have to be certified before they are official. We will update this story when that happens. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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